India adds Air Canada to its customs notification list effective July 1, 2025, under Notification No. 32/2025-Customs, amending 130/2010-Customs.
India extends Minimum Import Price of ₹20,108/MT on Soda Ash under 3 HS codes until 31 Dec 2025, as per DGFT Notification No. 23/2025-26 dated 30 June 2025.
India extends quantitative import restrictions on Low Ash Metallurgical Coke until December 31, 2025, maintaining country-wise quotas as per DGFT notification.
KSCAA urges Union Finance Minister to reform Black Money Act (BMA) penalties. Sug-gestions include amnesty, proportional fines, higher thresholds, and a ‘reasonable cause’ test for taxpayers.
India restricts import of select flax and jute goods from Bangladesh via land ports; allowed only through Nhava Sheva seaport. Transits to Nepal/Bhutan exempted.
Ministry of Corporate Affairs updates Companies (Incorporation) Rules 2014, substituting Form INC-22A with a new e-Form, effective July 14, 2025.
The Ministry of Corporate Affairs has amended the Companies (Restriction on number of layers) Rules, 2017, substituting Form CRL-1, effective July 14, 2025.
RBI issues guidelines for Aadhaar Enabled Payment System to enhance ATO due diligence, risk monitoring, and fraud prevention, effective January 1, 2026.
DGFT updates import policy to restrict iridium, osmium, and ruthenium alloys containing over 1% gold by weight under ITC (HS) Chapter 71.
SEBI mandates updated NISM certifications for key staff in AIFs. Category-wise exams required by July 31, 2025. Older May 2024 notification rescinded.
